The Nigeria Export Processing Zones Authority (NEPZA) says scores of prospective anchor tenants seeking to establish world class hospitals and pharmaceutical industries in the new Special Medical Free Zone in Lekki area of Lagos signal gradual end to unnecessary medical tourism abroad. Prof. Adesoji Adesugba, NEPZA Managing Director made the remark while playing host to…
The President of the Nigerian Arabian Gulf Chamber of Commerce, Mr Mahmoud Ahmaduf, says efforts by the Nigerian Federal Capital Territory Administration (FCTA) to attract direct foreign investment to the FCT is yielding positive results. This is coming in the wake of the presentation on investment opportunities in the Territory, made by the FCT Minister,…
The Africa Investment Forum boardrooms have drawn $32.8 billion in investment interest in bankable projects. Unveiling the results of the Forum’s virtual boardroom sessions on Thursday, African Development Bank Group President Dr. Akinwumi A. Adesina told the 500 project sponsors, investors, deal brokers and government representatives from around the world who took part in them:…
The Edo State administration is looking for local and foreign investors to help it build a free trade zone. The projected Free Zone will be built on thousands of hectares of land along the Benin-Sapele road, Governor Godwin Obaseki, said in Lagos during an investment session hosted by the Nigerian-British Chamber of Commerce on Thursday….
The BUA Cement Company has constructed and handed over 10,000 gallons of water projects to Gidan Gamba, a host community in Wamakko local government area of Sokoto State. The project, which consists of a borehole and overhead tank, is said to be part of BUA’s corporate social responsibility toward strengthening the already existing relationship between…
The United Kingdom (UK) has dismissed reports that it has temporarily suspended applications for work, study, and family visas in Nigeria. On Tuesday, March 15, the embassy released a statement saying it will be prioritizing applications made under the Ukraine family scheme and in response to the humanitarian crisis arising from the invasion of Ukraine. The statement added…
Silent Power’s synthetic methanol power, heat and mobile energy solutions are an important demonstration of methanol’s ability to be a key component of the green economy.”— Gregory Dolan, CEO, Methanol Institute WASHINGTON, DC, USA, March 14, 2022 /EINPresswire.com/ — The Methanol Institute (MI) is pleased to welcome Silent- Power AG as a new member to…
LFZ to position Nigeria as a formidable manufacturing hub in the coming years. Dinesh Rathi is the Managing Director/Chief Executive Officer of the Lagos Free Zone (LFZ). He discloses that the total deployed investments to date within LFZ including investments made by respective tenants, stands at about N600 billion ($1.2 billion) and by the end…
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has emphasised the commitment of the Commission to continually drive initiatives that accelerate deployment of digital infrastructure, in order to enhance economic transformation of Nigeria. Danbatta reiterated the commitment of the Commission while speaking at the NCC…
Abuja Chamber of Commerce and Industry (ACCI) had ongratulated the Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba on the launch of NEPZA liaison office in Lagos. The ACCI President, Dr Al-Mujtaba Abubakar in a statement lauded the contributions of Prof. Adesugba to the development of NEPZA while urging him…
